Possibility of a Fed Rate Hike in December and Investment Strategies
- 1CME Group forecasts an 81.2% probability of a rate hike at the December 2026 meeting.
- 2According to Goldman Sachs research, the S&P 500 recorded an average increase of approximately 9% during the 12 months following a new rate hike cycle.
- 3The State Street Energy Select SPDR ETF showed an increase of approximately 18% from March 2022 to July 2023.
So what's the key point?
CME Group reports an 81.2% probability that interest rates will rise in December. The S&P 500 has risen by an average of about 9% during the year following a rate hike.
Source The Motley Fool +2 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.